Workspace

The Office – can London businesses afford one?

20 February 2017

In 2015, 101,000 SMEs (Small and Medium-sized enterprises) were created and 57,000 failed.[2]   In total, there are around 970,000 SMEs in London.

A major contributing factor to SME success is access to suitable and affordable workspace.

Many SMEs face high costs and low availability.

  • How will the business rates increase impact SMEs in London?
  • Are SMEs being forced to locate outside London?
  • Are relaxed planning regulations leading to a loss of workspace?

The London Assembly Economy Committee will tomorrow discuss the lack of affordable workspace for SMEs in London and what can be done to help and support SMEs to access affordable workspace.

The Committee will hear from:

  • Simon Pitkeathley, Chief Executive, Camden Town Unlimited
  • Natalie Campbell, Co-founder and CEO, A Very Good Company
  • Dr Patria Roman, Chair of Trustees, Latin Elephant and Member of Just Space Network
  • Ben Johnson, Senior Advisor, Business and Digital Policy, Greater London Authority
  • David Fletcher, CEO, Wimbletech Community Interest Company

The meeting will take place on Tuesday, 21 February from 10:00am in Committee Room 5 at City Hall (The Queen’s Walk, London SE1).

Media and members of the public are invited to attend.

The meeting can also be viewed via webcast.

Follow us @LondonAssembly and take part in the meeting discussion using #AssemblyEconomy and #LDNworkspace

Notes to editors

  1. Full agenda papers.
  2. ONS Business demography, UK: 2015
  3. Fiona Twycross AM, Chair of the Economy Committee is available for interview. See contact details below.
  4. London Assembly Economy Committee.
  5. As well as investigating issues that matter to Londoners, the London Assembly acts as a check and a balance on the Mayor.

 

For media enquiries, please contact Lisa Lam on 020 7983 4067.  For out of hours media enquiries, call 020 7983 4000 and ask for the London Assembly duty press officerNon-media enquiries should be directed to the Public Liaison Unit on 020 7983 4100.

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